Equity
€10.3m ▲ 0.8%
HEMELAER has made a profit in every financial year since 2012.
HEMELAER
Lifetime
13 annual accounts with figures on one time axispeak €89.0m (2024)
€89.0m▲ 37.8%
peak €1.1m (2019)
€191,042▼ 1.8%
peak €10.3m (2024)
€10.3m▲ 0.8%
€19.2m▲ 9.7%
peak 34.2 FTE (2023)
27.8 FTE▼ 18.7%
Board12 names since 2020
5 directorsFrelotte BV and 4 others
Owners3 names in the annual accounts
50%HEMCOR and 1 other
Documentsfilings and deeds
30-07-20251 day before the deadline
2024financial year
Turnover from €64.6m to €89.0mStaff from 34.2 FTE to 27.8 FTEAppointment: Figurad Bedrijfsrevisoren BV (statutory auditor) 10-04Registered office moved within Temse 06-03Cash from €1.7m to €535,241
Key points
from the 2024 annual accountsTurnover
€89.0m ▲ 37.8%
Turnover rose in 2024 from €64.6m to €89.0m.
Staff
36 employees on 31-12-2024
In 2024, 37 people joined and 26 left. On top of that, 3.5 agency workers worked there on average.
Payment terms
38 days to suppliers
HEMELAER pays its suppliers 5 days earlier than in 2023. Customers pay 14 days earlier.
Filings
13 annual accounts 101 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Position in the sector
€10.3m
More equity than 85% of companies in wholesale trade. Sector median €1.3m · 6,061 companies.
Checked score
55
Fair
Financially stronger than 40% of small companies in wholesale trade (NACE 46)
Probability in this band: 1.5% to 4.2%
A confirmed filing finding caps the score at 59.
Bankruptcy probability within 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 4,374 companies (NACE 46, small).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.6%
01-2025: 0.6%● unchanged vs 12-2024
02-2025: 0.6%● unchanged vs 01-2025
03-2025: 0.6%● unchanged vs 02-2025
04-2025: 0.6%● unchanged vs 03-2025
05-2025: 0.7%▲ +0.1 percentage points vs 04-2025
06-2025: 0.8%▲ +0.1 percentage points vs 05-2025
07-2025: 0.8%● unchanged vs 06-2025
08-2025: 0.7%▼ -0.1 percentage points vs 07-2025
09-2025: 0.7%● unchanged vs 08-2025
10-2025: 0.7%● unchanged vs 09-2025
11-2025: 0.7%● unchanged vs 10-2025
12-2025: 0.7%● unchanged vs 11-2025
01-2026: 0.7%● unchanged vs 12-2025
02-2026: 0.7%● unchanged vs 01-2026
03-2026: 0.7%● unchanged vs 02-2026
04-2026: 0.4%▼ -0.3 percentage points vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026lowest value
07-2026: 0.4%● unchanged vs 06-2026
08-2026: 0.8%▲ +0.4 percentage points vs 07-2026
09-2026: 0.9%▲ +0.1 percentage points vs 08-2026
10-2026: 1.4%▲ +0.5 percentage points vs 09-2026highest value
11-2026: 1.4%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: a confirmed filing finding
Figures for financial year 2024 (filed on 31-07-2025)
Liquidity: current ratio 1.39, cash €535,241, halved
lowers risk
Founded in 2011
Size: turnover €89.0m, 27.8 FTE, total assets €29.5m
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, small). It does better than 40% of them on solvency, 19% on liquidity, 33% on profitability and 67% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2024.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 6,049 companies had the same profile as HEMELAER has now. Each dot stands for 16 companies, two years later.
95.9%
were still trading
3.6%
stopped another way
0.4%
went bankrupt
The bankruptcy probability of HEMELAER itself is higher: 1.4% within 12 months. It rests on far more data about HEMELAER than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,049 companies, not a prediction for HEMELAER. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €550,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is tight, with a current ratio of 1.39 (1.46 in 2023), below the usual 1.5. Short-term debt is 58.8% and cash 1.8% of total assets. 65.1% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 101 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline09-11-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-07-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
1 day early
2023
61 days late
2022
4 days late
2021
on the day
2020
2 days early
2019
91 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 26 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (1)
Board and ownership
- HEMCOR 50%score 80equity €2.2m (2025) · 2025 annual accounts of HEMCOR
- FRELOTTE 49.83%score 95equity €13.4m (2025) · 2025 annual accounts of FRELOTTE
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0833906921
Appointment: Figurad Bedrijfsrevisoren BV (statutory auditor)
Permanent representative: Dieter Biebaut · General meeting of 22-12-2023 · Gazette deed
Registered office moved within Temse
New registered office: Haagdam 2A te 9140 Temse · Previous registered office: Haagdam 2A en +2A te 9140 Temse · Board meeting of 31-01-2024 · Gazette deed
3 directors appointed, 3 resignations
Resignations: Nancy van Rossem, Hans Hemelaer (managing director) and Heavenaer BV · Appointments: Hemcor BV, Frelotte BV (managing director) and H+ BV (managing director) · Permanent representatives: Frederick Hemelaer, Hans Hemelaer and Nancy van Rossem · General meeting of 15-09-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| HEMELAER Temse | €89.0m | 0.6% | 34.9% | 27.8 |
| VLEVIA Mouscron | €112.0m | 0.9% | 14.0% | 33.5 |
| JADEMO Zottegem | €109.4m | 6.8% | 81.3% | 70.4 |
| TEUGELS Lebbeke | €58.5m | 7.2% | 59.0% | 29.2 |
| JO HERBOTS Sint-Truiden | €72.9m | 1.9% | 12.4% | 40.7 |
| Coomans Trade Import Antwerp | €92.8m | 5.9% | 29.5% | 11 |
| DEBAENST Mouscron | €136.7m | 1.3% | 72.4% | 49.9 |
Grey: the largest companies of the sector (wholesale trade (NACE 46)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as HEMELAER: wholesale of meat and meat products, excluding game and poultry (NACE 46321). They are comparable in size and age: total assets between €17m and €36m, founded between 1997 and 2015.
Official details
Source: KBO- Status
- Active since 21-02-2011Normal situation
- Activity
- Wholesale of meat and meat products, excluding game and poultryNACE 46321
- Joint committees
- 119Food trade
- 200Auxiliary committee for white-collar workers · annual accounts 2024
- Establishment unit
- 2.271.886.6869140 Temse, since 01-01-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 18-12-2025
Annual accounts 2024
- €29.5m▲ 6.4%
- Employeeson 31-12-2024
- 36▲ 44.0%
- Filing
- Filed on 30-07-2025
Insights on HEMELAER
HEMELAER has existed since 2011. Turnover grew from €32.4m in 2015 to €89.0m in 2024 and staff from 8.9 to 27.8 full-time equivalents.
Turnover has grown every year since 2020.
In September 2022, three directors stepped down. In April 2023, the Official Gazette published the appointment of Frelotte BV as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about HEMELAER
- What is the company number of HEMELAER?
- The company number of HEMELAER is 0833.906.921. The VAT number is the same number with BE in front: BE 0833.906.921.
- Where is HEMELAER based?
- The registered office is at Haagdam 2A, 9140 Temse.Company details
- What does HEMELAER do?
- According to the KBO register, the main activity is wholesale of meat and meat products, excluding game and poultry (NACE 46321).
- What is the legal form of HEMELAER?
- HEMELAER is a public limited company (NV).
- When was HEMELAER founded?
- HEMELAER was founded on 21-02-2011.
- Is HEMELAER still active?
- Yes, HEMELAER is an active enterprise in the KBO register.
- How many employees does HEMELAER have?
- HEMELAER had an average of 27.8 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- Which joint committee does HEMELAER fall under?
- In its 2024 annual accounts, HEMELAER states joint committees 119 (Food trade) and 200 (Auxiliary committee for white-collar workers).
- What is the turnover of HEMELAER?
- The turnover of HEMELAER was €89.0m in financial year 2024, according to the filed annual accounts.
- Is HEMELAER profitable?
- In financial year 2024, HEMELAER made a profit of €191,042.
- Where can I find the annual accounts of HEMELAER?
- HEMELAER filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
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